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Emma Jones Company has the following information available: Account 12/31/2023 12/31/2022 Accounts Payable $76,500 $80,000 Accounts Receivable, net 42,300 49,000 Cash and Cash Equivalents 43,700
Emma Jones Company has the following information available: Account 12/31/2023 12/31/2022 Accounts Payable $76,500 $80,000 Accounts Receivable, net 42,300 49,000 Cash and Cash Equivalents 43,700 70,000 Inventories 100,000 99,000 LongTerm Investments 20,000 100,000 ShortTerm Investments 27,000 44,000 Income Taxes Payable 2,000 5,000 LongTerm Notes Payable 20,000 30,000 Did the quick ratio improve from 2022 to 2023? Question content area bottom Part 1 A. No. B. Yes. C. It stayed the same. D. There is not enough information
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